The reemergence of meme stock mania has professional investors facing a quandary: ride the excitement of retail traders or take it as a warning sign that the markets are due for a pullback. Some indicators suggest investors are abandoning restraint and betting on further gains, with margin debt reaching a new record, but signs of …
This present market mania has created the most overvalued stock market ever. Reminiscence of the dot.Com bubble wipe. But this time the fad is for artificial intelligence and AI chips and data centers. Valuations are far beyond the potential profits the technology can deliver. By October The stock arket will crash!
Clashes between Thailand and Cambodia over their disputed border region continued for the fourth day, with 33 people confirmed dead and more than 200,000 displaced. New clashes erupted near two ancient temples claimed by both nations. Cambodian Defense Ministry spokeswoman Maly Socheata alleged that Thai forces opened fire first, prompting a military response. Meanwhile, the …
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Russian defenses downed 99 Ukrainian unmanned aerial vehicles (UAVs) overnight, according to the Russian Ministry of Defense. Of the 99 drones, 36 were destroyed over the region of Bryansk, 21 were intercepted over the region of Smolensk, ten were shot down over the region of Kaluga, nine were brought down over the region of Volgograd, …
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The United States National Aeronautics and Space Administration (NASA) announced that 20% of its employees are set to depart the space agency, according to a spokesperson. About 3,870 employees will voluntarily depart the agency in the coming weeks, leaving the staff at around 14,000 people. Earlier this month, around 2,000 senior staff members left NAsSA. NN: …
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Netanyahu: Israel and US are ‘considering alternative options to bring hostages home’ Prime Minister Benjamin Netanyahu says that Israel and the US are weighing ways to secure the release of hostages in Gaza that do not depend on a negotiated agreement with Hamas. “Special Envoy to the Middle East Steve Witkoff got it right,” Netanyahu says …
Summary of Data for the week ending July 18, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.2 million barrels from the previous week. At 419 million barrels, U.S. crude oil inventories are about 9% below the five year average for this time of year U.S. crude oil …
U.S. crude oil inventories fell by 3.169 million barrels in the week ending July 18, the Energy Information Administration (EIA) reported on Wednesday, broadly confirming the earlier API estimate but with a steeper decline. Analysts had expected a more modest draw, reinforcing signs of strong refining activity and steady demand amid peak summer travel. At 10:00 …
President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from Japan. The deal includes a $550 billion fund to make investments in the US, with Japan agreeing to provide the funds to invest in projects in America. Japan will also buy 100 Boeing Co. aircraft, boost …
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The prices of oil futures declined on Tuesday as concerns about the outlook for demand were heightened by ongoing uncertainty surrounding trade talks. Investors are keeping a close eye on this week’s EU-US trade negotiations as they attempt to reach an agreement before the deadline of August 1, when US President Donald Trump has threatened to impose 30% tariffs …